Gold prices dropped in the local market today thanks to a fall in its global rates.

The price of gold fell by Tk 1,166 a bhori and now each bhori of 22-carat gold will cost Tk 76,516, down from Tk 77,682, Bangladesh Jewellers Samity (Bajus) shared the information in a press release.

The new price will be effective from tomorrow, said MA Hannan Azad, chairman of the Bajus standing committee on price fixation and price monitoring.